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lokesh shah
Lokesh Shah

Lokesh Shah

Partner at INDUSLAW 

Some other significant changes that taxpayers expect and may be announced through this budget include lowering the rate of tax collected at source (TCS) under the liberalized remittance scheme (LRS).

Budget 2024: HRA in new regime, standard deduction that matches inflation. A tax wish-list for Nirmala Sitharaman

by Lokesh Shah |Jul 12, 2024

Simplification of the capital gains tax regime may be a sigh of relief for taxpayers (individuals, corporate entities, residents as well as non-residents) and simultaneously a boost for the economy, e...

From an individual taxpayer perspective, tax incentives under the new tax regime are expected.

Can the vote-on-account Budget 2024 be a silver lining for the Indian economy?

by Lokesh Shah |Jan 31, 2024

However, on direct tax front, this vote on account budget can bring on the table some notable and much needed measures to rationalise the income tax provisions.